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 Freeport State Bank
Freeport State Bank
| RSSD ID 72454 | CERTIFICATE 8210 | ABA NUMBER 91907578 |
| 111 Main St E |
Quarter Ended : |
2025-03-31 |
| Freeport, Minnesota, 56331 |
Updated : |
2025-04-25 |
| www.freeportstatebank.com |
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| Institution Profile |
| Year Opened : |
1908 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
3 |
Number of Employees : |
21 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 172,202 |
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Total Interest Income | 2,137 |
| Total Liabilities | 157,591 |
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Total NonInterest Income | 60 |
| Total Bank Equity Capital | 14,611 |
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Total Interest Expense | 521 |
| Total Deposits | 156,646 |
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Total NonInterest Expense | 1,090 |
| Net Loans & Leases | 102,915 |
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Net Income | 424 |
| Loan Loss Allowance | 889 |
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Net Charge Offs | (2) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 16,737 |
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Total loans | 103,707 |
| Total assets for the leverage ratio | 169,135 |
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Loans secured by real estate: | 67,114 |
| Tier 1 Leverage Ratio | 9.37 |
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Commercial and industrial loans | 13,294 |
| Tier 1 Capital Ratio | 14.4 |
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Loans to individuals - Credit Cards | 331 |
| Total Capital Ratio | 15.2 |
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Loans to individuals - Other | 3,405 |
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:· Freeport State Bank
